BYD Leapfrogs Tesla, Boeing Next-Generation Plane, Azek Acquisition

On this episode of Stock Movers: - BYD ’s sales last year surpassed the $100 billion mark, leapfrogging Elon Musk’s Tesla Inc. on revenue, as the Chinese auto giant wows consumers with a range of electric and hybrid cars packed with high-tech features.- Boeing Co. shares were upgraded to buy, from hold, at Melius Research after the planemaker won a contract for a next-generation US stealth fighter jet. Lockheed Martin Corp. shares were downgraded to hold, from buy, after the failure to win that contract and a series of other competitive losses.- James Hardie Industries Plc Chief Executive Officer Aaron Erter defended the company’s $8.75 billion acquisition of home-decking provider AZEK Co.Shares in James Hardie closed down 14.5% in Sydney trading, the steepest decline in 10 months, after the deal was announced Monday, wiping about A$2.9 billion off the company’s market value.See omnystudio.com/listener for privacy information.